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20120929
20121007
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. >>> joining us now is steven engler. i want to bring up first the sterling, because we've seena just a little bit of movement in that trade today after what's been fairly stable trade for the currency of late, this on the back of some of the uk services number showing some weakening out there among corporations. do you think this was a reason to sell today? >> well, i think sterling is a very troubled currency. i mean, you have to understand that it's been trading very close wli the euro in between the euro and the dollar. it's a very weak economy after years of low interest rates, after quantitative easing, an exchange range that's depreciated a lot over the last three or four years relative to everyone else. and the fact that the economy is so weak right now, i think is a very negative signal for the market. and for investors with respect to sterling. it will do well against the dollar if the euro goes up, but on its own i think it's going to underperform. >> i want to take a look at the euro. about a tenth of a percent. it doesn't seem to be struggling too much. the services number was bet
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